Tenax Therapeutics' (TENX) CEO John Kelley on Q4 2015 Results-Earnings Call Transcript.
Answer Wiki. I honestly don't think there's a plus to a debit card. It's not as secure as credit (if you get theft ed say goodbye to your money), there's no perks, and there could be potential fees (overdrafting, etc). Other then getting money from ATMs, I can't think of a reason to use them. The minus for credit is the ease of debt.
An entry (amount) entered on the right side (column) of a journal or general ledger account that increases a liability, owner's equity (capital) or revenue, or an entry that decreases an asset, draw, or an expense. The term debit refers to the left side of an account and credit refers to the right side of an account.A debit is always entered in the left hand column of a Journal or Ledger Account and a credit is always entered in the right hand column. All Accounts that Normally have a Credit Balance are Increased with a Credit by placing the amount in the Right Column of the account and Decreased with a Debit by placing the amount in the Left Column of the account.